Template-type: ReDIF-Paper 1.0
Author-Name: Valli Vittorio
Author-Email: valli.vittorio@unito.it
Author-Homepage: http://www.est.unito.it/do/docenti.pl/Show?_id=vvalli;sort=U2;search=;hits=141
Author-Name: Saccone Donatella
Author-Email: donatella.saccone@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Economic development and population growth: an inverted-U shaped curve?
Abstract: There has been a large debate on the relations between demography and economic development.
Our paper discusses the possibility that there exists an inverted-U curve, similar in shape to Kuznets’s curve, between the growth rate of population and the growth rate of the per-capita GDP. The cross-country empirical analysis, carried out on over 90 countries in the period 1980-2010, seems to confirm the existence of this kind of curve. The main reasons behind this phenomenon are discussed. First, it is difficult to sustain a high economic growth either with a low (lower than 0.5%) or high (higher than 2-2.5%) growth rate of population. In the first case, an excessive ageing of population causes the well-known negative consequences. In the second case, the possibilities of large households of providing children with adequate nourishment, education and health are reduced. Moreover, without a perfect capital market, it is difficult to promote new firms and innovation unless adequate personal or family resources are available
Length: 13 pages
Creation-Date: 2011-06
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2011dip/5_wp_valli_saccone.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:201105